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EII obj 1.01
LAP Sm-007 Nature of Business Plan
| Term | Definition |
|---|---|
| Accounting | can benefit from the process of writing a business plan as they discover and discuss each othe managerial capabilities |
| Appendix | At the end of the document are the appendices—the extra bits of information that describe or lend support to a point made in the document. |
| Balance sheet | the cash flow statement |
| Barrier to (market) entry | also look for how the business intends to achieve and maintain its desired position in the market |
| Bottom line | enhance its business operations or increase |
| Business model | model—or the way the business makes money— in written form, describing how each major component participates in the company’s success. |
| Business plan | is a company’s blue- print for success. |
| Business structure | is identified to show you how the campany is organized now and which key roles are filled |
| capiatl investment | the acquisition of physical assest by a company for use in furthering its long term business goals and objectives |
| capital structure | is laid out and determine how much equity is at risk |
| cash flow | necessary to achieve project succes |
| cost estimate | find out how company will be affected by paying for the expansion of its facilities |
| equity | is at risk |
| executive summary | provides an overview of the main points of a larger report |
| finance | production and human resources |
| financial plan | a popular section to read is the financial one |
| financial resources | to accomplish its goals |
| financing costs | time delays |
| fixed assests | startup costs or other relevant expenses |
| funding | from a banck or investor |
| human resources | to accomplish its goals |
| income statement | the cash flow statement |
| letter of intent | take it as a good sign |
| liabilities | any issues concerning insurance providers |
| life cycle | of the product |